Athol Savings Bank

Loans

Equity Loans

Home Equity Lines of Credit

Home Equity Lines of Credit let your home work for you. It is a cash reserve you can draw upon at any time to pay for major purchases or expenses just by writing a check. A home equity line of credit is a variable-rate, revolving line of credit based on the available equity in your home and other qualifying criteria.

  • Maximum Combined Loan to Value - 80% (inclusive of any first mortgage)
  • No Closing Costs *
  • Minimum Loan Amount - $10,000
  • 10 year draw/10 year repayment period
  • $30 Annual Fee
  • $500 Closeout Fee applicable if paid off and closed within 3 years of the date of loan closing
  • Automatic Payment available

*Certain restrictions may apply.

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Home Equity Loans

Use your home's equity to get the credit you need for the things you want now. All loan proceeds are disbursed at closing and monthly payments are made over a selected term. Home equity loans are based on the available equity in your home and other qualifying criteria.

Receive your money all at once then pay it back in stable, fixed monthly payments.

  • Maximum Combined Loan to Value - 80% (inclusive of any first mortgage)
  • No Closing Costs *
  • Minimum Loan Amount - $10,000
  • Various Repayment Terms 
  • No Annual Fee
  • Automatic Payment available

*Certain restrictions may apply.

Learn More Apply Now Rate Quote